Insights

Tax, Audit & Accounts

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July 21, 2011

IXBRL – the future is supposedly simpler….


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HMRC have recently introduced a new “on-Line” filing system for Corporation Tax returns with the impressive sounding name iXBRL which is supposed to make things easier.  Only it isn’t. One

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February 25, 2011

Year end tax planning


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Year end tax planning… With little more than five weeks to go until the tax year end, now is the time to think about what you can do to reduce

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February 9, 2011

Are stealth taxes back?


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One reputation that the last Government had was for so called ‘stealth’ taxes.  Increases in taxes that weren’t really announced, weren’t really obvious.  It was a continual criticism from the

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December 15, 2010

Flu jab anyone?


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Readers of this blog may remember that last year I gave details of what the taxman thinks of the tax implications of various Christmas traditions at work such as office

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September 15, 2010

Sorry seems to be the hardest word…


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So sang Elton John and so, it seems, Dave Hartnett agreed.  Mr Hartnett is Permanent Secretary for Tax with HM Revenue & Customs and recently said that he “saw no

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September 7, 2010

What a debacle!


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It seems these days that tax is never out of the news. The biggest story currently being discussed is that around six million people will shortly be receiving a letter

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August 18, 2010

Bolt from the blue!


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Those with even a passing interest in athletics will have heard of Usain Bolt, currently the fastest man in the world.  However, fast as he is, he isn’t fast enough

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July 29, 2010

Death and taxes


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A bizarre story emerged recently, one which is so hard to believe it had me checking the diary to see if it was April 1. Apparently HM Revenue & Customs

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June 9, 2010

Capital Gains Tax to change (again)?


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We all know that tax rises are on the way but what and where?  One area now being looked at is Capital Gains.  There is talk of a reduction in

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June 1, 2010

Tax Freedom Day!!


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I wonder if any readers felt a little better on Sunday?  A little brighter and happier?  Sunday May 30 was ‘tax freedom day’, a concept used by a number of

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May 19, 2010

Emergency Budget


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It is clear that the map of the UK taxation system will be torn up and re-drawn over the next few weeks.  Thankfully the new Chancellor has looked at his

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May 14, 2010

A happy ending…


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Readers of this blog may recall an earlier entry from me relating to penalties imposed by HM Revenue & Customs (see blog ‘Taxman gets tougher’).  The background was that a

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